In this way microlending is reminiscent of the building-and-loan societies of the 19th century, which enabledgroups of immigrant families in the U.S. to take turns financing houses for members of the group.
The waiver, set to expire Oct. 5, enabled American-based nonprofit groups to expedite the "donation of funds" and shipment of "humanitarian relief" to Iranian charities that are purportedly helping their citizens recover from a deadly earthquake.
The air strikes and troop deployments of the past few days have brought a halt, and enabled France to hit the militant groups' rear bases in Gao and Timbuktu.